February 22, 2018

Walt Disney Company (DIS) Net Revenue Surprises Analysts

06 December 2017, 11:54 | Kevin Scott

What the Numbers Say About The Walt Disney Company (DIS) and Viacom, Inc. (VIAB)

Minnie Mouse's vintage ears are creating excitement and long lines at Disneyland

Tracking other technical indicators, the 14-day RSI is presently standing at 58.45, the 7-day sits at 58.60, and the 3-day is resting at 55.04 for DISNEY (WALT) CO. About 4.38 million shares traded.

Traders sold shares of Walt Disney Company (The) (NYSE:DIS) on strength during trading hours on Monday. It has underperformed by 7.44% the S&P500.

Taking a close look at the activity of the stock of Freeport-McMoRan Inc. (NYSE:BRO) is a huge mover today!

The stock increased 0.55% or $0.0802 during the last trading session, reaching $14.6702. In order to determine directional movement, the 50-day and 200-day moving averages for Medtronic plc (NYSE:MDT) are $79.81 and $82.7. Carnival Corporation (NYSE:CCL) has risen 24.12% since December 6, 2016 and is uptrending. The business's revenue for the quarter was down 2.8% on a year-over-year basis. analysts expect that Walt Disney Company will post 6.24 EPS for the current fiscal year. Over the last week of the month, it was 3.68%, 5.64% over the last quarter, and 1.23% for the past six months. Walt Disney Company has a 1-year low of $96.20 and a 1-year high of $116.10. Pivotal Research maintained The Walt Disney Company (NYSE:DIS) on Wednesday, August 9 with "Sell" rating. Therefore 53% are positive. Booker Group PLC had 111 analyst reports since August 7, 2015 according to SRatingsIntel. Credit Suisse Group reiterated an "outperform" rating and issued a $120.00 target price (down previously from $125.00) on shares of Walt Disney in a research note on Wednesday, August 9th. The firm has "Buy" rating by Evercore given on Monday, October 5. The rating was maintained by Investec on Thursday, October 13 with "Buy". The rating was maintained by Cowen & Co with "Hold" on Friday, August 28. The California-based Schnieders Capital Ltd Limited Liability Company has invested 2.54% in The Walt Disney Company (NYSE:DIS). (NASDAQ:BIDU) on Wednesday, May 11 with "Overweight" rating.

The Walt Disney Company (DIS) has the market capitalization of $162.58 Billion.

Finally, First Financial Bank N.A. Trust Division increased its stake in shares of Walt Disney by 1.2% in the first quarter. Its down 0.03, from 1.15 in 2017Q1. 35 funds opened positions while 110 raised stakes. The company saw 5.38 million shares trade hands over the course of the day. Fmr holds 31.79M shares or 0.42% of its portfolio. Hugh Johnson Advsrs Lc stated it has 2.45% in The Walt Disney Company (NYSE:DIS).

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The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74. Bancorpsouth holds 0.13% of its portfolio in The Walt Disney Company (NYSE:DIS) for 12,284 shares. Moreover, F&V Capital Management Llc has 2.85% invested in the company for 93,065 shares. Btr invested in 2.48% or 113,535 shares. Trillium Asset Mgmt Ltd Liability holds 0.02% or 3,217 shares in its portfolio. 76,859 were accumulated by Tokio Marine Asset. The hedge fund run by Sandy Nairn held 824,121 shares of the technology company at the end of 2017Q2, valued at $147.35M, up from 798,721 at the end of the previous reported quarter. Rock Point Ltd Limited Liability Company has invested 0.16% of its portfolio in The Walt Disney Company (NYSE:DIS). Alethea Cap Limited Co holds 0.92% or 15,252 shares in its portfolio. Finally, Connecticut Wealth Management LLC raised its holdings in shares of Walt Disney by 1.4% in the 2nd quarter.

Looking forward, the company's quarterly earnings are expected to come at -$0.18 in the three months through December 2017 and -$0.34 in the quarter ending March 2018, reflecting -33.33% and -8.11% growth, respectively. Tortoise Investment Management LLC boosted its stake in Walt Disney by 0.6% during the 2nd quarter.

Analysts await Brown & Brown, Inc. (NYSE:HOG) to report earnings on January, 30. VIAB has increased sales at a -0.90% CAGR over the past five years, and is considered a low growth stock. CCL's profit will be $366.90 million for 32.40 P/E if the $0.51 EPS becomes a reality. The entertainment giant reported $1.07 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.12 by ($0.05). This simple numeric scale reads 1 to 5, and it changes brokerage firm Moderate Sell recommendations into an average broker rating. Therefore 7% are positive. This estimate is provided by 24 analysts. Keefe Bruyette & Woods maintained Brown & Brown, Inc.

Fed funds futures prices showed that shareholders see a rate increase at the Federal Reserve's December 12-13 meeting as a done deal with much of the focus now on the outlook for rates in 2018 and beyond.

Heading into the stock price potential, Medtronic plc needs to grow just 11.22% to cross its median price target of $90. Burt Wealth Advisors now owns 3,182 shares of the entertainment giant's stock valued at $338,000 after purchasing an additional 15 shares during the period.

The company also recently announced a Semi-Annual dividend, which will be paid on Thursday, January 11th. 408.62 million shares or 0.87% less from 412.20 million shares in 2017Q1 were reported. Wells Fargo maintained Brown & Brown, Inc. Bank of America has "Hold" rating and $12500 target. The firm earned "Underperform" rating on Wednesday, October 19 by RBC Capital Markets.

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